sensitivity of non-German bank stock returns to German interest rates changes
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sensitivity of non-German bank stock returns to German interest rates changes

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Published by University College Dublin, Graduate School of Business in Dublin .
Written in English


  • International finance.,
  • Investments -- Germany.,
  • Interst rate forecasting -- Germany.

Book details:

Edition Notes

StatementMichael Brophy.
SeriesMBS Thesis -- 2039
ContributionsUniversity College Dublin. Department of Banking and Finance.
The Physical Object
Pagination[6] 57p., [17]leaves ;
Number of Pages57
ID Numbers
Open LibraryOL18308953M

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  Negative interest rates have simply annihilated European banks." There has been a strong correlation of between Deutsche Bank stock and German .   Deutsche Bank Chief Financial Officer James von Moltke said last week the bank is now intensifying efforts to pass on the negative interest rates to clients to offset the : Steven Arons. Marc-Gregor Czaja, Hendrik Scholz, Sensitivity of Stock Returns to Changes in the Term Structure of Interest Rates — Evidence from the German Market, Operations Research Proceedings , /, (), ().Cited by: Interbank Rate in Germany decreased to percent in October from percent in September of Interbank Rate in Germany averaged percent from until , reaching an all time high of percent in August of and a record low of percent in October of This page provides the latest reported value for - Germany Three Month Interbank Rate - plus previous.

Even in a low interest rate environment, returns can be made on savings Let me touch briefly on the situation of savers, as this is a theme that repeatedly receives special attention in Germany. Incidentally, German households hold only slightly more than 40% of their total financial assets as . Banks Balance Sheet in Germany decreased to EUR Billion in August from EUR Billion in July of Banks Balance Sheet in Germany averaged EUR Billion from until , reaching an all time high of EUR Billion in December of and a record low of EUR Billion in June of This page provides - Germany Central Bank Balance Sheet - actual values. For many years, the interest rate sensitivity of bank stock returns has been the focus of a substantial amount of research, primarily by developing and testing multi-index-models. Incorporating interest rates as an independent variable in an extended version of the market model was first suggested by (), but it is also supported by the. Srinivas R Akella's 3 research works with citations and reads, including: Innovations in Interest Rates, Duration Transformation, and Bank Stock Returns.

  Spar Nord Bank A/S will apply a minus % rate on deposits exceeding , kroner ($,), it said on Thursday. The move comes after Jyske Bank .   The interest rates provided in the table do not take into account withholding tax levied on interest income in Germany. Average Deposit Rates. In March , average annual deposit interest rate in local currency (Euro) of new contracts with fixed term up to 1 year between credit institutions and retail customers (households) was %. This paper examines the role played by derivatives in determining the interest rate sensitivity of bank holding companies’ (BHCs’) common stock, controlling for the influence of on-balance sheet activities and other bank-specific characteristics. The major result of the analysis suggests that derivatives have played a significant role in shaping banks’ interest rate risk exposures in. Uddin () investigated data of fifteen developed and developing countries to evaluate the relationship of stock return with interest rate using monthly stock exchange index returns and interest.